News Stef Pascual promoted to General Manager at Deviate Digital Pascual was previously Business Strategy Director
News BTS named Global Recording Artist of the Year by IFPI for second straight year BTS first entered the IFPI Global Artist Chart in 2018, entering at No.2
News Spirit Music Group buys Jason Aldean masters in $100m+ deal Spirit will own 90% of the catalog, as Aldean holds on to 10%, MBW understands
News Utopia acquires the UK’s Absolute Label Services Absolute will continue to service its existing customer base as part of Utopia
News Troy Carter’s Venice Music bolsters global streaming team with key hires in the UK and US Isobel Kelly and Jamal Jimoh also take on key roles in the company
News Reservoir strikes deal for stake in catalog of legendary hip-hop producer and songwriter Larry Smith Deal includes Smith’s collaborations with seminal rap group Whodini
News BlackRock teams with Warner to launch new $750m music-buying fund via Influence Media Deal comes three years after Warner launched Tempo Music with Providence Equity Partners
News Thought streaming exclusives were over? Think again. Middle Eastern mega-star Amr Diab signs exclusive multi-year licensing deal with Anghami
News Kabiru Bello promoted to VP of Global A&R, Warner Recorded Music and Head of Asylum Records Nordics Bello has worked at Warner Music Group since 2017
Analysis News HYBE, home of BTS, surpassed $1bn in revenues in 2021 – the year it acquired Scooter Braun’s Ithaca Holdings HYBE spent $1 billion on Braun's company in April 2021, and has seen a 58% jump in annual revenues
News Now Sony Music gets clearance for $255m Som Livre acquisition in Brazil MBW confirms that Brazil's CADE has given the green light
News Roberto Andrade Dirak joins Warner Music Latina as Managing Director Company announces raft of senior promotions and hires
News Wise Music Group subsidiary G. Schirmer acquires catalog of film composer Franz Waxman Waxman is considered one of the most important film and concert composers of the 20th century
News Endurance Music Group buys catalog of songs by Jimmie Allen, Ash Bowers EMG is the music publishing and music rights acquisition platform of investment manager, Raven & Company.
News Beatport acquires music industry technology company ampsuite Platform launches suite of professional products for suppliers, artists and labels
News Warner strikes ‘first-of-its-kind’ deal with blockchain gaming developer Splinterlands WMG makes another move in the blockchain industry
News Downtown inks global music publishing deal with Alejandra Ghersi Rodriguez, aka Arca Arca has worked across multiple tracks on Kanye West’s Yeezus album, and produced/co-wrote on Bjork’s Vulnicara and Utopia albums
Analysis The major music companies are in a race to hire the best Web3 talent – before media’s biggest companies beat them to it Interesting developments at Universal, Sony, and Warner in recent weeks hint at the impact Web3 will have on music in the months ahead